Canada Mining News

Mosaic to pay hefty fine over accident at its Colonsay potash mine

Mosaic was charged with fines of more than more than $85,000 after a worker's leg was crushed in a conveyer in February 2014.

Amec Foster Wheeler signs MOU with Muskowekwan First Nations and Encanto Potash Corp

First mining development in Saskatchewan on First Nations land

De Beers becomes sole owner of jewellery brand, buys out retail partner LVMH

It has acquired the 50% interest French luxury goods group LVMH had in De Beers Diamond Jewellers for an undisclosed amount.

The 5 biggest private funds investing in mining

Denver is the global capital of private capital raising for investment in the metals and mining sector.

Post-Fed gold price climb sparks mining stocks rally

What a difference a week makes.

Silver Wheaton may soon be named Wheaton Precious Metals

The Vancouver-based precious metals streaming company announced the plan while posting a fourth quarter revenue increase of 29% to $258 million, up from $200 million last year.

Premier Gold shares surge after Nevada resources bump

Impressive increase in both size and grade from the 2013 resource estimate at its 100%-owned McCoy-Cove project in world-class gold district.

Suncor’s plan for tailings clean-up rejected by Alberta’s regulator

Suncor Energy’s plan to clean up tailings in some of its oil sands operations using water capping, also known as an end-pit lake, have hit a snag as the Alberta Energy Regulator rejected the proposal saying the firm’s plan lacked evidence the strategies would work.

Minco shares soar on possible takeover by Dalradian Resources

The deal would transfer control of Minco's 2% net smelter return royalty on the Curraghinalt gold deposit in Northern Ireland, which Dalradian is currently developing.

Tribunal favours Barrick, Antofagasta in Pakistan lease denial case

The International Center for Settlement of Investment Disputes (ICSID) said Pakistan violated several provisions of its bilateral investment treaty with Australia, where the joint venture between Barrick and Antofagasta is incorporated.

$5.5 billion private capital ready to invest in mining

"Investors are willing to back their positive sentiment towards natural resources with fresh capital commitments," says new study.

Visualizing the world's deepest oil well

Ever wondered just how far down companies drill for oil?

Callinex acquires the high-grade Tara Lake VMS Deposit near Flin Flon, MB

Callinex Mines Inc. is pleased to announce that it has signed an option agreement to acquire a 100% interest in the Big Island Project located 10 km east from HudBay's processing facilities in Flin Flon, Manitoba.

Dominion Diamond stock goes gangbuster on $1.1bn takeover bid

Montana-based Washington Co is offering 36% above the closing price of the Canadian miner’s shares on Friday.

Police, Ministry of Labour investigating salt mine death

One person is dead following an incident at Compass Minerals' salt mine located on North Harbour Road in Goderich, Ontario.

Energy stocks are shifting from Fort McMurray to Fort St. John

Canadian energy guru Peter Tertzakian addressed the CFA Society Vancouver last week.

Caterpillar hires former US Attorney General for help with probe

William P. Barr will help Caterpillar face a federal investigation related to profits earned by CSARL, its Swiss parts subsidiary.

Easter Canada now the preferred mineral exploration investment destination

While wew mines continue to open in British Columbia, the perceptionis that the province is no longer a welcome place for mineral exploration.

BC copper-gold mine to reopen after six years

AuRico Metals received an environmental certificate this week for its $684 million Kemess underground project, shuttered in 2011.

Barrick mulls selling part of Peru mine, bringing partner — report

Rumours come a year after the gold miner vowed to spend $640 million to extend the life of Lagunas Norte, worth about $1.4 billion according to industry experts.

Rick Rule on Uranium: Early means wrong, unless…

In an exclusive Q&A session for Sprott Private Wealth clients, Rick Rule shared his thoughts on the uranium market and explained why speculators shouldn't worry too much about being early.

AuRico Metals receives environmental assessment approval for Kemess Underground Project

"The Kemess Underground Project presents an attractive development opportunity given its strong economics – supported by existing infrastructure, large scale, good jurisdiction, and advanced stage.

Sierra Leone pastor unearths one of the 20 largest diamonds ever found

Emmanuel Momoh found the 706-carat diamond in Sierra Leone's Kono district.

Chile’s Supreme Court casts shadow over Barrick’s plans to restart Pascua-Lama

The country's mining regulator will have to issue a new temporary closure plan for the project, including comments from other government offices.

Is this the next Kaminak? – Goldcorp acquires 19.9% of Triumph Gold

No. We believe it will be much larger.